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Crypto crash resumes as odds of US attacking Iran jumps

Crypto crash resumes as odds of US attacking Iran jumps

The recent crypto crash resumed today, February 27, as investors booked profits and as geopolitical risks in the Middle East escalated.

Summary

  • Crypto prices retreated on Friday as odds of the US striking Iran jumped.
  • The retreat coincided with the performance in the stock market.
  • It also happened as investors booked profits after the recent rebound.

Bitcoin (BTC) price retreated below $66,000, while the market of all tokens retreated by 2.85% in the last 24 hours to over $2.28 trillion. Pippin token dropped by 26% in the last 24 hours, while Kaspa, Zcash, and Lighter retreated by over 6%.

On the other hand, some top tokens like Decred, LayerZero, Arbitrum, and…

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